2. Staples will mail you a reward for the cost of the binders in February. This does not include tax.

Why do people buy such expensive binders?
1. They have kids/teach.

2. They coupon. I'm planning to buy one of the huge 5 inch $33 ones to replace my current coupon binder, which has round rings, is about 4 years old and suffers a lot of abuse.

3. To get premiere Staples status. I've mentioned this before - if you spend over $1000/year at Staples you become a premiere member with free shipping, longer expiration dates on rewards and double ink recycling privs. There are some other perks but those are the main ones.

What does one do with $100+ in Staples rewards?

1. Rebate it back into cash. Tax season is coming up and there are loads of free after rebate software deals about to hit.